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National Mortgage Professional

Jul 29, 2007

Franklin Bank buys Access LendingMortgagePress.comTexas mortgage lenders Franklin Bank SSB has purchased the assets of Access Lending and made it the Franklin Bank Access Lending division. Access Lending founder David Fleig will serve as president of the new division. Franklin Bank SSB is a national lender based in Houston. For more information, call (800) 552-0784 or visit www.bankfranklin.com.

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Jul 29, 2007

Tech

Big Purple Dot 'Hires' ChatGPT

Company integrates AI-powered chatbot with its customer relationship management platform.

An AI-powered chatbot now has a job managing customer relations in the mortgage industry. Big Purple Dot (BPD), an Irvine, Calif.-based provider of customer relationship management (CRM) and recruiting solutions for the mortgage and real estate industries, said Thursday it ...

Regulation and Compliance

CFPB Issues Final Rule For Reporting Small Business Lending Data

The rule could affect mortgage originators who work with property investors.

The Consumer Financial Protection Bureau (CFPB) said Thursday it has issued a final rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination. While residential mortgage lenders were alrea...